Irish banks are putting up interest, without any intervention from the regulatory body, or ECB. Serious questions need to be answered.

the last decrease wasn’t even passed on by the banks a few months ago! Instead some institutions just decide to put their rates up, regardless! What;s the point of a regulator??
Worried now that AIB have put theirs up that the rest will follow!

sweet, luv me auld tracker.

I feel so blessed that we have a tracker mortgage,for years we had a variable mortgage :( but when we moved to a new home we where given some great advice from a friend in a bank which we are very great full of,I feel very sorry for so many people on a variable rate,and very little choice to move of it as I now think this option is well and truly (dead) the banks would love nothing better to be able to reverse our mortgage agreements and bring us back to where the can fleece us…….

Mario Draghi the President of the ECB is a former International Managing Director of Goldman Sachs.Mario Monti the unelected PM of Italy is STILL a Golman Sachs International advisor.The reason i mention Goldman Sachs is because they are directly invoved with the start of the European Sovereign Debt Crisis By cooking the books for Greece so they could enter the EURO.The greek in charge of the national debt at the time is also a former employee of GS.Cooking the books .ie hiding the real national debt of Greece leaving them free to enter the EU .When the true extent of Greek debt came to light it sent shockwaves through Europe leading to Economic crisis and the countless bailouts of countries .SO BASICALLY WE ARE NOW AT THE MERCY OF MARIO and he’s buddies the same guys that showed no mercy in delibrately starting this unending crisis of Banking Control over the populations of Europe .It strikes me like a situation were you would leave a child molester babysit your children and hope for the best.The Euro is a debt currency it was always meant to be and if your not sure just think for a second who’s doing fine and who’s abondoning their kids in Greece because they can not feed them and if your still not sure just take a walk around your local area .Putting our hopes in guys that would see you starve to death is not a good idea and quiet frankly i dont know why journalists are’nt writing articles about this quiet astonishing that one getting paid to know these things and write about them see’s know reason to.Instead a former Consruction worker has to write comments like this.I always thought if your not a part of the solution then maybe your a part of the problem.

They’re not obliged to pass on rate increases or decreases unless you’re on a tracker. Suffice to say you can be pretty sure they’ll pass on the increases fairly quickly!

I feel so blessed that we have a tracker mortgage,for years we had a variable mortgage :( but when we moved to a new home we where given some great advice from a friend in a bank which we are very great full of,I feel very sorry for so many people on a variable rate,and very little choice to move of it as I now think this option is well and truly (dead) the banks would love nothing better to be able to reverse our mortgage agreements :)